NNPC targets 430 million barrels in annual crude trading
Nigeria’s state oil company outlined higher trading and production ambitions while presenting its 2025 financial results.
- Publish date: 2026-10-03
- Category: Oil & Gas
- Original source: Tribune Online
- Reading time: 1 min
Trading volume target
Tribune reported on 3 October that NNPC plans to raise annual crude trading to 430 million barrels. The company said 2025 profit after tax reached ₦7.2 trillion as revenue fell from the previous year.
Production ambitions
NNPC said oil and condensate production rose 5% and natural-gas production rose 9% in 2025. Its medium-term targets include 3 million barrels per day of oil and condensate and 12 billion standard cubic feet per day of gas.